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action in all of these areas because in the words of the president, surely we can do better than this. ♪ >> jennifer: last friday at 4:30 in the morning under the cover of darkness the michigan legislature passed a bill that would allow gun owners to carry concealed weapons into hospitals, churches bars stadiums day care centers and schools. and just a few hours after the legislature passed that bill 26 people including 20 children were killed. gunned down at the elementary school in sandy hook elementary. the governor said that has given him clear pause. i beg your rick snyder please veto those bills and stop the madness, but here is what he is up against. 24 michigan lawmakers are acting on behalf of alec that conservative group that drafts gun legislation for lawmakers, and alec has been bank rolled by the nra. michigan's alec chair cosponsored the extreme gun legislation that rammed through the house and senate last week. but this is not just about michigan. michigan has been passing some crazy bills these last few weeks, but this is much broader. alec's le
with the white house. there are things that could be done by executive action. let's watch. >> somebody said to me, well, it's a republican issue. let me tell you it's not a republican issue. if i remember my history, the first two years of the last obama administration congress and the senate and the white house were all in the hands of the democrats, and they did nothing, so spare me that it's only the democrats. >> perhaps the mayor is forgetting that you need 60 votes in the senate to get anything done, but be that as it may, his point is well taken. we all have a responsibility now to go forward to get something done, and it should be bipartisan, and i think it can be. whatever the president can do by executive or administrative direction, high pressure that he will do. i also think we all have a responsibility to tell the children that we did everything in our power to protect them, and i think this is different. for some reason it's different. children die all the time in ener cities and the rest. it's always tragic. somehow or other this has pushed it all over the top, and i think th
indicated the president is ready to take action. >> while he is actively supportive of, for example senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban he supports and would support legislation that addresses the problem of the so-called gun show loophole. >> jennifer: yes! speaker nancy pelosi also pledged to renew the assault weapons ban that expired in 2004. and to do so soon. >> right away today, this week, we could pass the ban on the assault magazine and the larger sense, let's go down the path of banning the assault weapon. i think there is a better chance to do that now than ever. >> jennifer: those remarks come after california democratic senator dianne feinstein pledged to introduce similar legislation yesterday. there are even some republican senators who might be on board! a spokesman for senator marco rubio told "tampa bay times" that he is, rubio is "looking for public policy changes that would prevent such a horrible event from happening again and
secretary john bryson >> bill: a lot of talk about gun control. will we see any action this time? good morning everybody. what do you say? good to see you today. it is tuesday december 18. this is the "full court press." we're coming to you live from washington, d.c. hope you're off to a good start wherever you happen to be in this great land of ours. obviously i'm not. and it is great to see you. invite you to join the conversation any time by giving us a call at 1-866-55-press. or sending us a little tweet message on twitter at bpshow. we're following you at bpshow. and on facebook. facebook.com/billpressshow here in our nation's capital. there is word that after president obama and speaker boehner met yesterday at the white house in the oval office for some 45 minutes there is word that they're getting closer to a deal. i was out for dinner last night when i got a quick text from the white house saying president obama had agreed to up the limit on the tax cut from $250,000 to $400,000 meaning that under that pla
and two shorter ones in his pocket and had it not been for the quick action, the courageous action of people there, he would have loaded and 30 more bullets would have been discharged. i come to this issue as a parent and a grandparent. i was on my way to the rural part of my district on friday when i heard the news about the shootings in connecticut. first i heard three had died. that was bad enough, and then i heard 20 children had died. i was devastated. i have two grandchildren the same age as the children who were shot and killed in newtown, connecticut. on sunday, when i opened the newspaper to read about the shootings, i saw a photograph of one of the children who was killed. her name was emily. a little blonde-haired girl with a beautiful smile. she looked at me from the paper, i saw my granddaughter's elsa and tilly looking back at me. so i come to this issue as a grandparent whose children but for fate could have been in the same situation as the children in newtown. and come to this as a member of congress. you know the people back home in just about every district keep
? why can't there be legislative action immediately if there's the desire of the people and overwhelming numbers show 57% if not higher asking americans if they want stricter gun controls, that i say yes. why does it have to be one or the other, mental health or some type of reasonable or sensible common sense ban on certain weapons? >> m-o-n-e-y. the republican party gets 80% or 90% of the money the nra dolls out to buy them and as a result it's always everything except for the gun but the reality is and people are smarter than this, there's always been mental illness. there's always been evil in our society. but what we now have is unrestricted access to military-style killing machines with bullets that were used to riddle the babies' bodies on friday. designed to maximize soft tissue damage. i mean, come on. and these members of congress look the other way and say it's everything but. they're just in the pocket of the nra and the democrats haven't been much better. we can get real substantive national gun laws that could save real people's lives and we can stop allowing congress to le
to announce the actions it plans to take in the wake of the elementary school tragedy. the national rifle association breaking that silence for the first time yesterday saying it was prepared to make meaningful contributions to make sure this never happens again. the gun rights organization and gun rights advocates in congress both under public pressure to join the call for action. >> just wonder -- this long after a mass killing like that, little 6 and 7-year-olds, there is not a single republican in america, in elected office, not going to step up and say something? >> i think that says something in itself. >> i think it is time to talk, guys. one way or the other, where do you stand on this issue? >> joining me this morning is connecticut congressman joe courtney. good to have you here. the president is speaking in 45 minutes from now to announce this new interagency task force on gun control. he's not expected to announce any new specific gun regulation policy proposals, however, does this suggest to you that some serious policy is coming and coming soon? >> it does. the difference in
with executive action. take a listen. >> well, i think that there are a number of things, and those are things that we're going to be talking about over the course of the next few weeks. not an extended period of time. the president, i guess, will be talking about this, but have specific proposals for congress to consider. we'll also look at what executive action the president might take. megyn: joining me now, chris stirewalt, our fox news digital politics editor and host of "power play" on foxnews.com live. so what kind of executive action is he talking about, chris? when he had the assault weapons ban in place from '94 to 2004, it was a big political deal, and a lot of folks who voted for it wound up getting kicked out of office because, you know, gun rights are something people feel very passionately about in the country. if it could have been done by executive action, in other words, that's probably how other presidents would have been done it too. >> well, certainly, the president in a second term might feel differently about this than he did in the first term. he has some latitude when
tes tantntestant the reality when you look at the republican actions in particular, and the republican actions are polling 20% approval and the president is polling 50% approval, but the 20% approval is about the action on the cliff and not how they play in their individual districts. so when you travel around the country, and i have been to e tea party country in arizona, et cetera, there is a huge incentive for some of the more junior members of congress to stand their ground. it doesn't have to do with the fiscal math of the country, but it has to do with the electoral math of the home districts. >> and i think that she has put the finger on the thing that we are missing when we taub abolk this, because we act as if congress governs at a body with national interests and held accountable to national constituencies, but no, if it is game theory, each one of them is facing a different payoff structure in their own home constituen constituency. >> and it is skewed. first of all the tea party a minority, but the way that the republicans control the state governmentships and the state leg
of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take including suspending state and local government securities and investments in the federal employee pension funds. those don't sound like good practices going forward. president obama meanwhile arrives back in washington after cutting short his christmas vacation in hawaii. congress is back in town, but little progress was made over the holiday to avoid the fiscal cliff and no talks have been set. the se
to that on party principal. you have seen republican groups like heritage action and club for growth recommend a no vote on plan b. it's a big question whether john boehner has 218 votes to get the back up plan passed through the house. >> the plan b for people who are not familiar would raise taxes on incomes above $1 million, but does nothing to deal with the across the board spending cuts known as the sequester which we talked so much about, entitlement spending and provisions that the president brought up today. he pointed out laj cally the plan makes no sense when you look at what the republicans said they want to do, particularly attack spending cuts and spending in the country and does not address that. >> the timing is also very important too. this plan b that house speaker john boehner is proposing came after president obama made his biggest concessions in the cliskal cliff debate. as well as actually proposing adjustments to the cost of living adjustments to social security. both of which liberals were not happy about, but they were concessions none the less. then the republicans go
meaningful action to prevent tragedies like this regardless of the politics. this evening, michele and i will do will every. and i would do is hug our children a little bit tighter. we will tell them that we love them and remind them how deeply we love each other. there are families who cannot do that tonight and they need all of us a break now. the days to come, the community needs to us to be as our best as americans and i will do everything in my power as a president to help. while nothing can fill the space of a lost child, love one. all of us can extend a hand to those in need to remind that we are there for them. that we are praying for them. the love that they felt for the lost and doors not just in their memories also in hours. indoors. may god bless the memory of the victim's. indoo and door and he will the brokenhearted. and pined for warmth endour... there is a vigil outside of our white house tonight. hundreds of people wanted to express their grief and support for the families. tonight - there is a vigil outside the white house. this was the scene earlier. hundreds of people
. it is important that we are for if other actions failed to occur. these are permanent changes. in the opening letter they say the men met was permanently extending all the tax provisions that are important for small businesses. we think it is important, even though you extended the policies for two years, that is still temporary and is not really provide the long-term planning we need to have going forward. that is why i think it is important. >> i don't want secretary geithner to go without some comment, because i don't think that is an accurate description of what he said. >> that is what he said. >> you have to look at the whole statement of his, and to use that as an excuse for this bill -- by the way, at 97% of small businesses have in come under $250,000. so to use that once again as the rationale is i think ignorant of the fact. let me just say a word about the provisions on earned income tax and the child tax credits. you can play around with language, whether it is a tax or spending, but the truth of the matter is that the bill that was filed last night would raise taxes on 25 millio
would not be here if they did not lon >> they are making a profit on action what happens. >>reporter: state senator jerry hill, whose district covers san bruno and who is among those leading the charge for stiffer penalties and more oversight of pg&e, has harsh words for the utility company and the state. he says quote."pg&e owns the state of california and the puc.it's shameful that they would allow pg&e to profit from their behavior, their negligence, their poor maintenance." >> this is not over by a longshot. >> to try to make sure that this will not happen again the customers will have to pay over the $2 billion in upgrades and collect their normal rate of return on investment 11.3%. the mayor is expected that they will make between 140-$140 million. >> by making a profit of the explosion. it >> by making an explosion they should not have to make it at the expense of ratepayers. >> this continues to fill us and we need a voice for the people, the public to look out for our safety could not charge us more money and blow up our neighborhood. >>reporter: that is an estimated $1 per
obama be immediately notified of the senate's action and the senate then resume legislative session. the presiding officer: is there an objection? without objection. mr. reid: i ask unanimous consent the senate proceed to the consideration of calendar number 575 s., 3454. the presiding officer: the clerk will report. the clerk: calendar number 475, s. 3454, a bill to authorize appropriations for fiscal year 2013 for intelligence and intelligence-related activities, and so forth and for other purposes. the presiding officer: is there objection to proceeding to the measure? without objection. mr. reid: thanks, mr. president. i ask unanimous consent that a feinstein-chambliss substitute amendment which is at the desk be agreed to, the bill as amended be read a third time and passed, and the senate proceed to vote on passage of this measure. the presiding officer: without objection. the substitute amendment is agreed to. and the clerk will read the bill as amended a third time. the clerk: calendar number 475, s. 3454, a bill to authorize appropriations for fiscal year 2013 for intellige
described. we thank you for your leadership, your action, and your work. and we thank your wife for sharing you with this country. [applause] fee thank you. you can put up their. you do not need to take it back to your seat. you figure out a way to get it to you. [laughter] what an evening. thank you for being a part of >> president obama troubles monday to discuss the tax cuts. our live coverage begins at approximately 1:35 eastern here on c-span. >> "washington post" reporter said last week that congress should not postpone the hard decisions such as dealing with the time and stuff -- entitlements such as last year. he joins mike allen at a breakfast discussion on the so- called fiscal cliff discussions. this is about 25 minutes. [applause] >> good morning, sunshine. welcome to the political breakfast. thank you for getting up so early. we are pleased to have an amazing double-header. if we will speak to senator rubio who last night give a big speech -- one of the first formal speeches looking ahead at the future of the republican party. we will talk about that. the amazing bob woodward w
a piece of action. we know those who have been pushed to the grave will want a piece of the new syria. >> eliot: you think we've been delinquent in our response. >> had we intervened early had the cavalry come early there would have been no missiles needed put now we declare that the syrian people are saying who are you to make these judgments about us? where have you been and why haven't you aided this rebellion. the rebels have fought and died and suffered alone. i go quite a bit every now and then to the syrian-turkey border and talk to refugees in the refugee camp, the faith in the united states is viscerated. >> eliot: to move south where the revolution is a year or two years ahead chronologicalcally if not in terms of theory, what do you see emerging in cairo in egypt where the constitutional referendum will occur shortly. will it pass? and what is your view of the constitution? >> there will be this vote on this constitution. it will be a two-state vote. one vote will be cast this saturday and then another vote cast in the successful saturdays. the constitution is very very--if
on both sides of the aisle an understanding that we have to take action. not to act governor, i believe makes this congress complicity. because we know this will happen again. as we've seen throughout too many of our cities, and with too much heartache and too many vigils like we experienced today, lowering the flags at half mass, having a moment of silence, people's sincerity and surely their heartfelt thoughts to everyone in newtown are accepted and are wonderful. what is required of elected officials is action. now is the time to act. this is a match that cannot be postponed, and we are complicit congress is complicity if we don't take deeper action. i know it requires dialogue i know as your mayor of new york city indicated restrictions on guns and i have an understanding that we can bring the nra along on this with universal background checks and with respect to assault clips that's the only way you can refer to the magazines that people are able to carry. they have no value in hunting. when terrorists are able to get a gun. when people on a terrorist list are able to get a gun, co
,000 young people have applied for basically deferred action, which means i ask the government not to deport me, to defer any action and we give them a work permit. people remember last august, at navy pier in chicago where 12,000 young people forward, and many of them have work permits and many more thousands every week. that's a step in the right direction. the problem is last week in chicago, there was a raid looking for a criminal. but they picked up 30 some odd workers at the plant and the very people that i came to my office, one of them was a person who had come to my office, with their children, the children got a work permit and now the government is working to deport their dad. they need their parents. i understand going after criminals, gang bangers, drug dealers people who do harm. but we are damaging so many families. >> you said earlier this month, the president was essentially missing on the issue of immigration reform. what did you mean about that? >> yeah, let me explain that, as we know, we have conversations and that is why i like live conversations, it's all listened to a
if you like. >>> states have taken action banning eating behind the wheel. now a town's new distracted driving law not only lets cops pull you over for texting while driving but also eating, reading the paper and putting on makeup. is that law appropriate? does it go too far? you can never cross the line in an e-mail to mcginty's mailbag, the address mailbag@wusa9.com or leave a comment on our facebook page. >>> still ahead topper is back with a look at the upcoming changes in our forecast. in fact, they've already gotten started, but first new york and new jersey not the only places still struggling to recover from hurricane sandy, a look at the superstorm's impact in part of maryland up next. >>> this is a 9 news fiscal cliff note. fact, if congress and the white house don't reach an agreement, your pay economic is going to go down. the reason? because the tax withholding in your paycheck will increase. here's the back story. the current payroll tax cut is set to expire december 31st. in dollars and cents this means your payroll tax withholding is going from 4.2% to 6.2%. now why is
the other way. demint's decision means that the center of politician action in 2014 will be in the state of south carolina. three marquee statewide contests down there, two senate races and the governor's race. the fighting atmosphere of the palmetto state is legendary. throw in all of the state contests, the presidential primary season that kicks off very early in that state because it's early. and you've got yourself a humdinger down there. south carolina governor nikki haley does get the job of appointing demint's replacement who will serve until 2014 when there is a special election. she said yesterday she could make that decision within a week. among the names in the mix, congressman tim scott, former congressman barrett, henry mcmaster who was a candidate for governor in 2010, nathan ballentine and ted pitts. now many conservatives made it clear that they prefer tim scott and are bordering on strong-arming nikki haley, trying to box her into doing it after demint's announcement. look at the statement scott himself released. quote, looking forward. governor haley will now appoint a
-era tax cuts for all income groups. in a joint statement, they said, "the house will take... action on whatever the senate can pass, but the senate first must act. " president obama returned early from hawaii today, still pushing to extend tax cuts for the middle class, but raise rates on the well-off. aides said he made phone calls last night to speaker boehner and house minority leader nancy pelosi, as well as senator reid and his opposite number, minority leader mitch mcconnell. but today, mcconnell gave no indication of movement. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: adding to the urgency, treasury secretary timothy geithner warned he'll have to begin taking "extraordinary measures" to postpone a government default. the government is on track to
long we have used politics and the second amendment to cover up our lack of action. yes, the supreme court affirmed we have a right to bear arms, but in that same ruling the court made clear that right is not unlimited. we do not, as justice scalia put it, have an unlimited right to keep and carry any weapon whatsoever in any manner whatsoever for whatever purpose. our individual right to bear arms is limited by a right among others to keep our children safe. any of those children could have been one of ours and for 20 parents, it was. we may not be able to stop every crime, we know that no single law or set of laws can prevent every act of senseless violence in our society, but we have the ability and the no-how to prevent many of them. we must simply find the courage. we can no longer be bystanders to injustice. we cannot continue to look on and do nothing. as shakespeare said, the fault lies not within our stars but in ourselves. we must act. thank you. i yield back. the speaker pro tempore: the gentleman yields. the chair recognizes the gentleman from washington, mr. mcdermott, f
together and take meaningful action to prevent more tragedies like this, regardless of the politics. gwen: but what if anything can or will government do about it? the newtown shootings provide more fodder for a debate that interestingly enough we didn't even have in the 2012 presidential election. any sign so far anything will be different, reid? >> i think there were. i think the signs were those two words president obama used, meaningful action. we haven't heard him talk about actually doing something about gun violence, about gun control in his first four years. instead we heard a lot of discussion about the second amendment and respect for the sort of existing laws on the book, enforcing the existing laws on the book. the only time we ever heard about gun control during the presidential campaign was when he was asked during the town hall debate on long island, and he started out sort of discussing what he would do to ban assault weapons by talking about how important the second amendment was. this now has changed. he's never running for re-election again. he doesn't have to sort of f
are concerned about groups like heritage action and the ones that say we were sent here to covvern. i'm going to look at going forward. it looks like we are leading towards going over the fiscal cliff. but do republicans get involved ip the negotiating and try to give him some cover and maybe move forward. obvious obviously, it is quite surprising to see this much of a divide with the house gop. luke did anything happen tonight to change the prospects of john boehner being speaker next year? >> because eric can tore was behind john boehner on this vote i'm leaning no. he has an element within his conference that would not be there in support of him if there is a viable alternative. if this was the final vote, we feel for the guy. but republicans, it is interesting, harry reid said this was a dance. they realize that too, there was no way forward for the bill. but the bhoener will get a lot of press in the next few days. >> luke russert thank you for your reporting there. >> ari, the republican started to realize something that everyone else had been saying about this. they started to realize,
on the president's call for congressional action early next year. >> i will be putting forward very specific proposals. i will be talking about them in my state of the union and we will be working with interested members of congress to try and get something done. >> vice president joe biden is leading the push to draft those proposals, and yesterday he began that effort, meeting with law enforcement officials and cabinet members. i want to go right to you, michael eric dyson. you saw as much of our audience did, this rather extraordinary address from the head of the nra. here we are. as i said, one week out from this mass murder, from this shooting, which the nation is still reeling from, and as i said, you can only describe it as combative, and one of the themes that really coursed throughout that address was that the problem is fake guns in movies and video games, not real guns in our schools. >> yeah. you are being very kind. i think menevolent at. it wasn't fake guns that killed these kids. they were real guns. they were semiautomatic weapon guns. they were clips and strips and drums tha
majority action and jared bernstein a senior fellow and an msnbc contributor. welcome to you both. jared, this plan b, it's not only an affront to what the president has been trying to do in terms of a balanced approach. it's also a colossal waste of time, isn't it? >> absolutely. i mean, i have been writing about this in terms of theatrics at a time when really nobody ought to be going to the theater. the fiscal cliff is way too close for this type of game playing and i just noted today that the gdp report for the third quarter got a little bit of a bump. it was marked up to 3.1%. we're actually making some progress on this economic recovery, but if we go over and stay over the cliff because of all this screwing around, forget about it. you're going to have that recovery go south very quickly. john boehner on monday looked like a guy who is willing to make a balanced compromise or at least consider one in the interest of the country. john boehner on wednesday looks like a guy who is looking out for his own skin over the benefit of the american people. >> ron, what's your view of the spe
. bertha coombs tracking the action at the market. >> very quiet. very low volumes. gold edging lower as the dollar has edged higher. they say incentives to buy are postponed with so much uncertainty over the fiscal cliff and what's going to happen over the next couple of days. gold is on track for its fifth straight weekly decline, but for the year it's the 12th year of gains. so this is the first year since 2004 that we've seen gold under perform stocks. one of the big winners came under a lot of selling pressure as a lot of people try to get ahead of the fiscal cliff. silver on track its fifth weekly straight decline. copper back-to-back gains this week. a little bit of hope that we'll see more demand for copper this year as china's new government may do some more urbanization. if you take a look at the metals, those with industrial properties, particularly the precious metals, platinum a big winner, palladium a big winner, those used in catalytic converters. >>> thank you, bertha. >>> the iranian navy holding massive drills in the strait of hormuz. this comes from iranian state te
to gun violence. in the context of all that has happened, the lack of action, what is your agenda, and how do you plan to make it real. >> it's no different than it has been the better part of 20 years. i'm a gun owner. i'm a business person. i believe in the second amendment and the right to bear arms but the founders never extended that the second amendment extend to terrorists and criminals to buy guns without even a background check. toy guns and teddy bears have a multitude of regulations of how they're made and marketed. you need an i.d. to vote in many places. but in 33 states it's federal gun policy that you do not need an i.d. or background check to buy an unrestricted, unlimited number of guns. that is federal gun policy. it's left to the states and states do what they want. the only place where there is a background check requirement in assault weapons and handguns is if go to a federally licensed gun dealer. you can go to private dealers out of their homes backpack trunks, flee markets in 33 states and buy assault weapons cash and carry no i.d. or background check. tha
interested in "outfront" next, the vice president has vowed to take action on guns. talking about action and actually taking action are two different things. will they be this time? >>> plus a massive snowstorm is slamming the midwest creating a massive travel problem right before the christmas holiday. >>> and a vote later this hour searching for a bank designed for investors like you? tdd#: 1-800-345-2550 schwab bank was built with all the value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab bank has grown to over 70 billion in assets. tdd#: 1-800-345-2550 so if you're looking for a bank that's in your corner, tdd#: 1-800-345-2550 not just on the corner... tdd#: 1-800-345-2550 call, click or visit to start banking with schwab bank today. tdd#: 1-800-345-2550 you can stay in and like some
.8 billion. that is a class action settlement amount they agreed to pay, about 100,000 businesses and individuals hurt by the biggest oil spill in american history. a federal judge formized the settlement yesterday. a lot of gulf coast residents opted out of the class action suit and are pursuing lawsuits on their own. >>> in egypt today, more effects of a brand-new government's growing pains. the vice president is out. he is stepping down there. this man, mahmud mechanicy announced political life does not agree with him, and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country new islamist backed constitution. egypt's new president gave himself near absolute power. >>> a former u.s. marine who spent four months in a mexican prison is free today. jon hammer was locked up in august on weapons charges. his family says he was physically abused in custody, threatened, chained to a bed and never saw a judge. u.s. lawmakers and diplomats got involved on ma'am hammer's behalf and convinced mexica
action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that small of a number killed a deal. >> if you are buying a house or a car and one person said look, i'm going at $1 billion. usu
would avert the entire fiscal cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include the entire caucus, not just republican leadership, the irony is that if we go over the cliff, the president will get whatever he wants on texas, and there's been a growing acknowledgement of this by some house and senate republicans. here's senator johnny isaacsohn of georgia. >> if we get down to
for meaningful action, but contribution from the nra remains to be seen. but several republican politicians are already headed in the direction of change. michigan governor rick snyder saw republicans in his state legislature pass a bill to allow guns in schools and day care centers. the bill was passed one day before the tragedy in newtown, connecticut. today the republican governor vetoed the bill. according to the detroit news, snyder vetoed the bill because it wouldn't allow schools and other public locations to opt out of its provisions. in the past 24 hours, republican members of congress said that some gun restrictions are worth looking into. senator susan collins of maine, congressman charlie dent of pennsylvania and lindsey graham of south carolina, they are all pro-gun. they are all open to looking at gun control solutions. there is also congressman jack kingston of georgia. in the past, this gentleman has voted to cut down the waiting period, the number of days for gun purchases. he vetoed -- or should i say he voted for broader concealed to carry weapons laws. the nra gave kings
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and for the retail stocks? holiday winners and lossers you do not want to miss next. liz: feds' latest action outweighing the benefits? the ceo with us, with you, to tell you some of the market risks involved. you need to know this stuff. ♪ staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benets with theisks. all prescription nsaids, like celebrex, ibuprofen, naproxen, and meloxicam have the same cardiascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease risk factors suh as high blood pressure or when nsaids are taken for long periods
of counsel section applies to similar actions commenced on or after the date of this legislation's enactment. why is that important? well, pause the america invents act created a new section that prevents use of evidence of an accused fringer's failure to obtain advice of counsel or his failure to wave -- waive privilege and introduce such opinion. to prove either willfulness or intent to induce infringement. this provision, however, failed to specify when the new authority would go into effect. and it makes another series of other technical clarifications to the act. in addition, we find that this bill is necessary and has made the necessary commonsense technical corrections including any substantive revision to the act. so it's my hope that the judiciary committee will continue its oversight of the act into the next congress and consider ways in which it can be further improved. i commend the chairman of the committee for his -- this bill forward and i urge my colleagues to pass this legislation and i reserve the balance of my time. the speaker pro tempore: the gentleman from michigan rese
and rejecting real action against gun violence. at a defining a historic moment for our nation demanding courageous leadership, the nra has declined to step forward as a credible and constructive partner. the proposal for more armed guards in schools may be helpful in some instances, but it falls short of the strong, serious comprehensive action needed to stop the kind of horrific tragedy that occurred last week. many police that spoke to me on that day when we take a said that the killer was so heavily armed that they doubted they could have stopped him. the american people are demanding real change. the nra proposal fails to offer any real protection from violence. members in connecticut and around the country are writing and calling me to say that the nra does not speak for them. it was a call for action. the nra has failed to answer the call. we need to do something about these guns, about the assault weapons, the kind that was used in the new town tragedy. i am very proud to join and senator feinstein oppose the bill that will help put a stop to the proliferation of the assault weap
recommends at this time no disciplinary action. chief intelligence correspondent catherine herridge is live on capitol hill with more on this. catherine, in the last hour we have some brand new reaction to this report. what can you tell us about that? >> reporter: that's right, jenna. first of all the report concludes there was no protest prior to the attack. that al qaeda is not dead. it has metastasized. that its followers have a new home in eastern libya. and that the benghazi on 9/11 was a significant defeat for the united states. it killed 4:00 americans including our ambassador. it also shuttered our diplomatic security presence in eastern lib. >> as well as a sizable cia operation. within the last hour a senior democrat at the closed classified briefing said there were systemic failures at seniors levels of the state department. >> i think the conclusion was very stark, very candid, very honest and told us the following. the mistakes were made, lives were lost and lessons need to be learned. first america can not retreat from a dangerous world. it is important for us to be there, to
there's a break in the action, fans come up to me and say, hi, max, good to see. we start talking about football. but often turned to washington, especially the fiscal crisis. not once did someone say, don't do this, don't raise my taxes, don't count my favorite program. not once did i receive a parochial treaty request. my montana bosses told me again and again, max, just get it done. you guys need to work together. just get it done. i was really almost stunned at the unity and the intensity with which people spoke to me, get it done. now, these folks didn't ask for stalemates. they didn't ask for influx of billy. they didn't ask for our leaders to dig in over ideological things. they are pragmatic. american people want congress and the president to work together. they want us to tackle these challenges. keeping with the football theme, i want to show the words of vince lombardi, the famed actress -- packers coach wants it people to work together win. whether it be against complex football defenses, or the problem of modern society, end quote. this is a simple lesson, one we all learne
. this is alarming. that is what members are fighting closely and want to have legislative action to address or redress the case as the case may be. >> the wall street journal reports that mitch mcconnell said republicans won changes to eligibility regarding medicare. the gop would agree to more tax revenues but not higher rates. what is your response? >> nothing new in that statement from his mcconnell. no. thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] host: we are looking at various aspects at the so-called fiscal cliff. joining us for the discussion is steven sloan. he is with politico. could you define what a tax credit is and how that differs from a tax deduction? guest: credits and deductions are used to lower somebody's tax bill. if you have it $1,000 tax bill -- basically reduces taxable income, so it takes the taxable income off the top. if you have a $1,000 tax deduction, that is basically a $250 deduction. host: on their tax credits that specifically affect families? guest: some that have expired that ar
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